Page 13 - Dhfl

ED expands YES Bank probe, searches homes of Rana Kapoor's three daughters

The source said the searches are being carried out at the residential premises of all three daughters -- Rakhee Kapoor Tandon, Roshni Kapoor and Radha Kapoor

YES Bank crisis: ED widens probe; raids Rana Kapoor's residence

The ED had searched Rana's residence in the upscale 'Samudra Mahal' complex in the Worli area on Friday night and had grilled him there too

Rs 4,122 crore DHFL scam: CBI files FIR in UP provident fund case

ED had filed an FIR in December 2019

DHFL: CBI takes over investigation of PF earnings scam in Uttar Pradesh

The agency has re-registered the FIR filed by the Uttar Pradesh police at the Hazratganj police station, according to officials

All may not be lost for YES Bank but insiders say its recovery to be slow

It will depend on the acquiring bank or financial institution's capacity to hold the assets till the market improves and sell them later to recover sizeable chunk of the loans

DHFL, India Cements: 10 BSE500 stocks that gained amid market rout last wk

A quick study of BSE500 stocks show that as many as 9 stocks rallied 8 per cent or above between February 20 and March 2

Misappropriation of funds worth Rs 25,000 crore in DHFL case, says ED

Officials say they've come across a dozen new transactions involving DHFL, Wadhawan brothers

DHFL's pre-tax loss narrows sequentially to Rs 167.80 crore in Q3

The company reported a net profit of Rs 934.35 crore in Q3FY20 due to tax adjustments; no provision for interest on borrowings post insolvency proceedings

Prospective bidders wary of DHFL's retail loan book, to submit EoIs

According to its findings, the firm used over 100,000 bogus retail customer accounts to siphon off Rs 12,000 crore from the company

DEA had red flagged possible 'risks' over IL&FS collapse in 2018

The Department of Economic Affairs had earlier raised red signals over the likely collapse of IL&FS in a confidential note on September 30, 2018 and expressed concerns over its impact on the Indian economy, according to a latest affidavit filed by the corporate affairs ministry. The Ministry of Corporate Affairs (MCA) in the affidavit said the DEA had opined that if IL&FS group collapses, the Indian economy may have to face repercussions as redemption pressure would continue, debt market sell-off expected, may create liquidity crunch and NBFC licenses could be cancelled. "DEA had raised red signals of the likely collapse of IL&FS and had expressed its deep concern of such a collapse on the Indian economy," said MCA in the affidavit filed before the National Company Law Appellate Tribunal (NCLAT). Immediately after that, the MCA had moved the National Company Law Tribunal to take over the management of IL&FS, which had a debt exposure of over Rs 91,000 crore. According .

Sebi issues show-case notice to 2 former senior executives of CARE Ratings

This is for the alleged interference in rating action of YES Bank and DHFL

DHFL's former directors move NCLT seeking participation in CoC meetings

The DHFL former directors were denied participation in the CoC meetings as its board was superseded by the Reserve Bank of India (RBI) in November 2019.

ED identifies Rs 3,000-crore assets of Kapil Wadhawan in DHFL case

The assets include a 12,000 square foot parcel of land in Melbourne, Australia, worth around Rs 1,000 crore; a villa in Koshamui in Thailand worth Rs 50 crore; flats and offices in UK and US

NCLT allows Indiabulls group to recover dues from loans assigned to DHFL

DHFL continued to act as a collecting agent for the two Indiabulls entities and deposited the collections with IDBI Trusteeship

SBI beats estimates, profit before tax surges 65.7% in Dec quarter

Good recovery from the Essar Steel stressed loan account provided an impetus to the Q3 performance. However, gains were restricted due to the DHFL account turning bad

DHFL diverted Rs 12,700 cr into 79 shadowy firms linked to promoters: ED

In its books, these loans sanctioned to 100,000 fictitious retail customers

DHFL CMD Wadhawan's ED custody extended till Jan 31 in Mirchi PMLA case

On Wednesday, at the end of his ED custody, Wadhawan was produced before special PMLA court judge P Rajvaidya, who extended his remand till January 31

Withdraw draft resolution plan of management: DHFL to stock exchanges

DHFL is now under corporate insolvency resolution process as per IBC

ED arrests DHFL's Kapil Wadhawan in Iqbal Mirchi money laundering case

At present, DHFL is undergoing proceedings under the insolvency law.

ED arrests DHFL CMD Wadhawan for not cooperating in Mirchi PMLA case

Mirchi, who died in 2013 in London, was alleged to be the right-hand man of global terrorist Dawood Ibrahim in drug trafficking and extortion crimes